Independent Branch meant when separate account are maintained by:
A) H O
B) Branch
C) Both (a) and (b)
D) None of the above
Correct Answer:
Verified
Q5: In the books of consignee the sale
Q6: The system of keeping accounts generally adopted
Q7: Goods are supplied by the head office
Q8: Under debtors system which account is prepared
Q9: Under debtors system depreciation on fixed asset
Q11: Branch which does not maintain its own
Q12: Usually dependent branch makes:
A)Cash sales only
B)Credit sales
Q13: Under Stock & Debtors system, which account
Q14: Branch Account under Debtor System is
A)Real Account
B)Personal
Q15: When goods are invoiced to Branch at
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